Walker Methodist EIN 41-1916102

Walker Methodist FY2022 filing

EIN  41-1916102 Public charity (501(c)(3)) Alexandria, MN Founded 1986
Form 990 (PDF)
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Verified accurate 8/6/26 · see original filing: IRS
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Size
$10–100M
What they do
Provides lifestyle, housing, and healthcare for older adults.
Leadership
Joseph C Amend-Marshall · Administrator · $131K
Money in and out
$28.7M revenue, $28.5M expenses
Bottom line
89% program efficiency

Provides lifestyle, housing, and healthcare for older adults. For fiscal year 2022 it reported $28.7M in revenue, $28.5M in expenses, and $-18.8M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$28.7M
Pt VIII · Ln 12
Total expenses
$28.5M
Pt IX · Ln 25
Net assets
$-18.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $179K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$28.7M
FY2022▼ -2%
Expenses
$28.5M
FY2022▲ +2%
Total assets
$76.6M
FY2022▲ +7%
Total liabilities
$95.4M
FY2022▲ +6%
Total revenue
$28.7M
Pt VIII · Ln 12
Total expenses
$28.5M
Pt IX · Ln 25
Net assets
$-18.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$179K
Total assetsPt X · Ln 16$76.6M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $16.6M of program spending, described in the organization's own filed words · FY2022.
01

Walker methodist, as the sole member of walker thompson hill, LLC, provides senior living with services, transitional care unit and assisted living services in a 71-UNIT community located in west ST. Paul, minnesota.

$9.6Mprogram expense
02

Walker methodist, as the sole member of highview hills, LLC, provides senior living with services and assisted living services in a 153-UNIT community located in lakeville, minnesota. Residents may receive a variety of health services to meet their individual needs, and are offered pportunities for physical activity, social interaction…

$7.0Mprogram expense
03

Walker methodist specializes in lifestyle, housing and healthcare services for older adults. We own, operate, and manage housing communities, provide rehabilitation services, and operate leading sub-acute transitional care centers that help people recover from hospitalizations or surgeries so they can return home.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWalker Methodist
EINHdr · item D41-1916102
Principal addressHdr · item CAlexandria, MN
WebsiteHdr · item Jwww.walkermethodist.org
Year of formationHdr · item L1986
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E91)
Ruling yearIRS BMFMar 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$130,949Pt VII · Sec A
RN Nurse Manager
$107,139Pt VII · Sec A
Director of Rehab Services
$103,062Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Everline Nyabera’s $118K as Lead Resident Assistant is at the 3rd percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Joseph C Amend-Marshall$130,949
Everline Nyabera$117,814
Keisha R Frison$107,139
Kathleen L Thomason$103,062
Phoutinane Uphaphon a$103,049
Christine Hillman$103,021
Thomason Kathleen L$100,785
Brenda Schrupp$71,546

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$27.5M · 96%
Other revenue$1.0M · 4%
Program service revenue96%$27.5M
Other revenue4%$1.0M
Contributions & grants$129K
Investment income$46K
Total revenueLn 12$28.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$25.2M
Management & general11%$3.3M
Total functional expensesLn 25$28.5M

Balance Sheet

Part X · end of year
CashLn 1$5.8M
Total assetsLn 16$76.6M
Total liabilitiesLn 26$95.4M
Total net assetsLn 32$-18.8M
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.8M · Operating expenses/yr $28.5M
2.4 months
Where the money goes
Program services
Program services $25.2M · Total expenses $28.5M
89%
Management & General
Management & general $3.3M · Total expenses $28.5M
11%
Fundraising
Fundraising $0 · Total expenses $28.5M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $87K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $129K · Total revenue $28.7M
0%
Government reliance
Government grants — · Total revenue $28.7M
Earned-income share
Program service revenue $27.5M · Total revenue $28.7M
96%
Investment reliance
Investment income $46K · Total revenue $28.7M
0%
Program self-sufficiency
Program service revenue $27.5M · Total expenses $28.5M
96%
Growth & trend
Revenue growth (YoY)
This year $28.7M · Prior year $29.4M
-2%
Net-asset trend (YoY)
End of year $-18.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $28.7M · Expenses $28.5M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $76.6M
Net-asset ratio
Net assets $-18.8M · Total assets $76.6M
-25%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $76.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joseph C Amend-Marshall · Reported title ADMINISTRATOR · Highest reported compensation $131K · Total expenses $28.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $15.6M · Total expenses $28.5M
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth -2%
Investment management fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$37K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$36.3M revenue · ⤓ 990 PDF
FY2023$30.7M revenue · ⤓ 990 PDF
FY2022$28.7M revenue · viewing · ⤓ 990 PDF
FY2021$29.4M revenue · ⤓ 990 PDF
FY2020$26.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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